Ontario ODSP Asset Limit Calculator 2026

Check if your assets are within the ODSP limit — $40,000 single / $50,000 couple

👥 Benefit unit type

Single Person

Couple

Single with Dependents

👶 Dependents

Number of Dependents (excluding spouse)

💰 Countable assets

Cash and Savings ($)

RRSP (Accessible) ($)

Stocks, Bonds, Mutual Funds ($)

Second Property / Real Estate ($)

Additional Vehicles ($)

Life Insurance Cash Value ($)

Trust Funds ($)

Business Assets ($)

Other Non-Exempt Assets ($)

✓ Principal Residence — Your primary home and proceeds from sale if used to buy another principal residence within 12 months

✓ Second Property — May be exempt if necessary for health/well-being (Director's approval required)

✓ One Motor Vehicle — Any value, any member of benefit unit may own

✓ Second Vehicle — Exempt up to $15,000 if required by a dependant to maintain employment outside the home

✓ Prepaid Funeral — For any member of the benefit unit

✓ Life Insurance — Cash surrender value up to $100,000 per member

✓ Trust Funds — Inheritances/life insurance proceeds in trust up to $100,000

✓ RDSP — All funds held in a Registered Disability Savings Plan

✓ RESP — Registered Education Savings Plans for related persons

✓ Tools of Trade — Essential to business or employment

✓ Business Assets — Up to $20,000 for self-employment

✓ Student Loans/Grants — While attending program of study

✓ Compensation Awards — Injury/death awards, specific government settlements

✓ Gifts — Up to $10,000 per 12 months for any purpose

✓ Arts Grants — For creation, production, professional development

✓ Locked-in RRSPs — RRSPs originating from employer pension funds

Total Countable Assets

$30,000.00

Asset limit: $40,000.00

WITHIN ASSET LIMIT

Room Available

$10,000.00

Asset Utilization

75%

Assets vs limit $30,000 / $40,000

1. Benefit unit type Single

2. Base asset limit $40,000

3. Dependents added (X × $500) $0

4. Total asset limit $40,000

5. Total countable assets $30,000

6. Room available / Over limit $10,000

7. Eligibility status WITHIN LIMIT

⚠️ This estimator provides estimated ODSP asset limit calculations for informational purposes only. Actual ODSP eligibility is determined by the Ontario Ministry of Children, Community and Social Services based on your reported assets and individual circumstances. This tool uses the official ODSP asset limits effective July 2024 but should not be considered as official confirmation of eligibility. Always verify with your ODSP caseworker or consult a qualified professional.

❓ FAQ

What is the ODSP asset limit? ▼

The asset limit is $40,000 for a single person and $50,000 for a couple. Each dependent (other than a spouse) adds $500 to the limit.

What assets are exempt from ODSP asset limits? ▼

Exempt assets include your principal residence, one motor vehicle, prepaid funerals, RDSPs, RESPs, tools of the trade, and up to $100,000 in life insurance cash value or trust funds.

Does an RRSP count toward ODSP asset limits? ▼

If you can access the RRSP funds, they count toward your asset limit. Locked-in RRSPs from employer pension funds are exempt.

How does a second property affect ODSP eligibility? ▼

A second property may be exempt if necessary for health or well-being. Otherwise, it counts as an asset but you have 6 months to sell it if reasonable efforts are being made.

What happens if I exceed the ODSP asset limit? ▼

If your assets exceed the limit, you may be ineligible for ODSP or your income support may be reduced. You may be given time to spend down or convert assets.

Can I have more than one vehicle on ODSP? ▼

One vehicle per benefit unit is fully exempt. A second vehicle is exempt up to $15,000 if required by a dependant to maintain employment outside the home.

How much can I have in a trust fund on ODSP? ▼

Up to $100,000 in trust funds from an inheritance or life insurance policy is exempt as an asset. The combined capital of a trust and life insurance cash value cannot exceed $100,000.

What about business assets for self-employment? ▼

Up to $20,000 in business assets necessary for self-employment is exempt. This includes inventory, stock, and raw materials.

Do gifts count toward ODSP asset limits? ▼

Certain gifts are exempt for a limited time: 12 months for a principal residence purchase, 6 months for an exempt vehicle or first/last month's rent. Up to $10,000 in gifts per 12-month period is exempt as income.

What is the penalty for transferring assets to qualify for ODSP? ▼

If you transfer assets for inadequate consideration within one year of applying, you may be ineligible or have your income support reduced. The period of ineligibility is calculated based on the value of the inadequacy.

⚠️This tool is for information purpose only. We do not guarantee any claim.
It is made based on data publicaly available on official website of concerned department.

Last Updated: March 2026 | Official Determination Required

Ontario ODSP Asset Limit Calculator 2026

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